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Oct 30, 2012
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it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing future forward. >>> welcome back to the cnbc special report. >> if you are flying into the airport. newark, laguardia and jfk remain closed. there have been more than 18,000 flight cancellations related to sandy. little confidence that we will see that happen early tomorrow. there is a possibility that will happen late thursday night. when will they be able to resume service. >> thank you, bill. significant parts of the northeast, president and ceo of pse & g the power company here in new jersey. how long do you think you will see everyone with their power restored? >> oh, mr. larosa can you you hear me? you are live on the air right now. because we hear you. >> just one mr. minute. >> all right let's try a different path here. amtrack making retearpairs alone heavily damaged northeast corridor. we are joined on amtrack's media relations. >> good evening from wilmington, delaware. >> how long before we get things back to normal?
it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing future forward. >>> welcome back to the cnbc special report. >> if you are flying into the airport. newark, laguardia and jfk remain closed. there have been more than 18,000 flight cancellations related to sandy. little confidence that we will see that happen early tomorrow. there is a possibility that will happen late thursday night. when will they be able to resume...
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Nov 1, 2012
11/12
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technology really leading this market rally today. let's get to it seema mody with that angle. >> kicking off november on a strong note. october, not the best month for tech stocks, losing roughly 7%. let's check out some of today's big movers. research in motion outperforming its peers. the street getting excited about its blackberry 10 device, which looks like it's on track to launch first kwquarter of 2013. bill, back to you. >> all right, seema. thank you very much. shares of target have been down about a percent today after the mass merchant posted disappointing seams figures. meanwhile, many high-end retailers are up, including sachs, which is trading more than 2% higher today despite a huge presence in the new york area. which is a better buy right now? let's talk numbers on that. on technical side, it's richard ross. on the fundamental side, patty edwards with true tina financial in seattle. patty, what do you think? do you expect hurricane sandy to have a material impact on a saks or target? >> i absolutely think it's going t
technology really leading this market rally today. let's get to it seema mody with that angle. >> kicking off november on a strong note. october, not the best month for tech stocks, losing roughly 7%. let's check out some of today's big movers. research in motion outperforming its peers. the street getting excited about its blackberry 10 device, which looks like it's on track to launch first kwquarter of 2013. bill, back to you. >> all right, seema. thank you very much. shares of...
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Oct 29, 2012
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across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold new styling, unsurpassed luxury and nearly 1,000 improvements. introducing th
across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... thank you, mr. speaker, uh, members of congress. in celebration of over 75 years...
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Oct 30, 2012
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sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. oral-b power brushes. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> welcome back to our special coverage. the northeast is still recovering from superstorm sandy, which is expected to cause billions of dollars in damages. we have full team coverage of the storm. kayla is in atlantic, city, new jersey, right now. we start with courtney reagan. she's got the latest on the number of people currently living without power. >> that's right. it is millions. 8.5 million, to be specific, still without power. new york city is dealing with a historic outage. con-ed says it will restore power within br
sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. oral-b power brushes. if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation....
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Nov 1, 2012
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in my mind, we like technology, we see capital spending on technology getting better in 2013, i don't know if it's going to lead the whole way, we want to remain overweighted, we're also overweight on to the consumer discretionary sector. and we like materials from here too. we're on things that are sensitive to the continue wagsz of this recovery. we don't want our clients playing a lot of sandy or do things based on what's going to happen with sandy, but we want to make sure that they're positioned for a little bit better economy and a continuation of this economy here domestically and globally. >> see you next time. have a good day, guys. how is the hotel business handling the influx of people seeking shelter. ou see they alle something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. out continues, some big name hotels are continuing, unable to offer guests
in my mind, we like technology, we see capital spending on technology getting better in 2013, i don't know if it's going to lead the whole way, we want to remain overweighted, we're also overweight on to the consumer discretionary sector. and we like materials from here too. we're on things that are sensitive to the continue wagsz of this recovery. we don't want our clients playing a lot of sandy or do things based on what's going to happen with sandy, but we want to make sure that they're...
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Oct 31, 2012
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it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! strategies, chains, positions. we put 'em all on one screen! could we make placing a trade any easier? mmmm...could we? open an account today and get a free 13-month e ibd™ subscription when you call 1-888-280-0149 now. optionsxpress by charles schwab. >>> commodities traded all week. the nimax floor gets back to business. bertha coombs has been watching action and joins us now. >> back to business but a lot of folks have had trouble getting in. look at the options pit where they are normally shoulder to shoulder. today it is quiet. one thing that's helpful for options traders is their options expired on friday ahead of the storm. not so today for futures in terms of gasoline and for heating oil. options expiring this afternoon.
it's technology you won't find in a mercedes e-class. the all-new cadillac xts has arrived, and it's bringing the future forward. we create easy to use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! strategies, chains, positions. we put 'em all on one screen! could we make placing a trade any easier? mmmm...could we? open an account today and get a free 13-month e ibd™ subscription...
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Nov 2, 2012
11/12
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globalization, the technology revolution, and the result of that profound economic transition is, you have this winner-take-all phenomenon where the very, very top is doing extremely well, but you're seeing a hollowing out of the middle class. that's kind of the core point that i make in my book. and then i go on to argue, when you have this extreme disparity in wealth, inevitably that translates into a disparity in political voice. and so the people at the very, very top who are pulling so far away from the rest of us really are increasingly able, not because they're mall shus -- this is not about a conspiracy -- >> is it the wealthy's fault? it sounds like what you're trying to say is that the wealthy should be blamed for that wealth disparity. >> no. actually, i don't argue that at all in my book, tyler. i think there are a lot of different forces going on, but where actually my book -- >> i don't buy your premise. when i look at the world today, hundreds of millions of people have emerged from poverty. they've emerged from poverty in india. and in china. and in different places in
globalization, the technology revolution, and the result of that profound economic transition is, you have this winner-take-all phenomenon where the very, very top is doing extremely well, but you're seeing a hollowing out of the middle class. that's kind of the core point that i make in my book. and then i go on to argue, when you have this extreme disparity in wealth, inevitably that translates into a disparity in political voice. and so the people at the very, very top who are pulling so far...
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Oct 31, 2012
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that leapfrogs the past technologies. i think if you go look at the kind of age of the normal real estate capital stock, it's not so outdated that when you rebuild it makes you better off. in some sense, if this were going to make you better off, then you ought to blow up your own building and rebuild it. >> people make that argument. and it doesn't seem common sense, doesn't seem that it's possible. >> i think it's a little confused. it tends to confuse the gdp is what we think of as a flow. it's a per year number. so, of course, the per year is going to look better if you wipe out your existing just like if you wiped out all your savings. your savings rate's got to go up because you've got to put more in the bank. >> you want to give us a prediction for friday? the bls is working hard to get the unemployment numbers, i should say the labor numbers. what do you think it'll look like? >> two forces separate from whether they can open the office to get the number out, you've got two things going against each other. last mo
that leapfrogs the past technologies. i think if you go look at the kind of age of the normal real estate capital stock, it's not so outdated that when you rebuild it makes you better off. in some sense, if this were going to make you better off, then you ought to blow up your own building and rebuild it. >> people make that argument. and it doesn't seem common sense, doesn't seem that it's possible. >> i think it's a little confused. it tends to confuse the gdp is what we think of...
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Nov 1, 2012
11/12
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sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> we're watching an event in downtown new york. that's the head of the metropolitan transit authority. flanked by andrew cuomo, the governor of new york. we are waiting some comments from homeland security secretary janet napolitano and we'll watch all of these remarks for any newsworthy developments especially from secretary napolitano. >>> meanwhile, michelle crew co-cabrera is here with the latest headlines of the storm and its aftermath. >> we see what's happening in new york city today, president obama met with new jersey governor chris christie yesterday doing a similar tour in new jersey. the president toured some of the worst hit areas of the jersey shore. saying 2,000 fema personnel are on the ground in affected areas. at least 82 people have died in the u.s. as a result of sandy. most of them in new york and new jersey. the number of people without power is dropping, though there are
sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. >>> we're watching an event in downtown new york. that's the head of the metropolitan transit authority. flanked by andrew cuomo, the governor of new york. we are waiting some comments from homeland security secretary janet napolitano and we'll watch all of these remarks for any...
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Oct 29, 2012
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oversee the technology. you are putting people's lives at risk, a. and, b, a lot of broker dealers who are providing the order flow to the markets, not just in new york but to the nasdaq and to the alternative systems that compete for trading share are going to be closing their facilities to keep their people out of harm's way. so, look, a shutdown of a couple of days to save one human life is absolutely the right thing to do. >> we have heard about the federal authorities and regulators. obviously they would have concerned about these things. how often do calls like this take place, dick? >> you know, becky, the agencies that share responsibility for our capital markets, the cftc, fed, treasury, they are all staffed by incredibly competent people who understand what i said a moment ago and that is while it's important for our capital markets to function and given the fact that america is the global center of trading, it's important to never put that responsibility and that demand ahead of the need to put pe
oversee the technology. you are putting people's lives at risk, a. and, b, a lot of broker dealers who are providing the order flow to the markets, not just in new york but to the nasdaq and to the alternative systems that compete for trading share are going to be closing their facilities to keep their people out of harm's way. so, look, a shutdown of a couple of days to save one human life is absolutely the right thing to do. >> we have heard about the federal authorities and regulators....
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these are all new technologies that businesses have to deal with today that they didn't have to deal with just a few years ago. >> a number of websites help you learn how to write code. kids trying to learn new skills. can they actually do that or are you finding there are jobs available for people like that who figured it out sort of on their own? >> there's definitely developer jobs. we have more application developer positions on on our site than at anytime before. i'm not so sure you can learn all the skills you need to know from and online course. a better course of sacks to go to the community colleges and get formally trained. >> okay. appreciate it. coming up at 8:15, we'll get the brand new adp employment report for the month of october. we'll have the newspapers first with mark zandi. first month for him. >> coming up, super storm sandy leaving millions without power in the northeast and shutting down public transit. that has put a strain on gasoline supply lines as people depend on fuel and generators. up next, kate kelly brings us a live report from a gasoline distribu te
these are all new technologies that businesses have to deal with today that they didn't have to deal with just a few years ago. >> a number of websites help you learn how to write code. kids trying to learn new skills. can they actually do that or are you finding there are jobs available for people like that who figured it out sort of on their own? >> there's definitely developer jobs. we have more application developer positions on on our site than at anytime before. i'm not so...
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Nov 2, 2012
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technology had a very big day on yesterday's rally and that is reversing as ibm down by a percent here. a bit of an unravel. yesterday being the first of the month and for some funds the first of the year of the new year. >> but you did get i think that pent up buying that came through on strong volume. >> it did. >> on those first two days. now you have your event risk with the election. >> the president is addressing hurricane sandy. let's take you to ohio. >> we mourn those who were lost. you can only imagine what so many families are going through right now, and the message i have said every time i talk to people back east is we stand with the people of new york and new jersey and connecticut, every step of the way. every step of the way in the hard weeks ahead, and there's a lot of work that still remains to be done, but we've also been inspired these last few days by heroes who are running into buildings and wading through waters and the neighbors helping neighbors cope with tragedy. the leaders of different parties working together to fix what's brok broken. ap spirit th a spiri
technology had a very big day on yesterday's rally and that is reversing as ibm down by a percent here. a bit of an unravel. yesterday being the first of the month and for some funds the first of the year of the new year. >> but you did get i think that pent up buying that came through on strong volume. >> it did. >> on those first two days. now you have your event risk with the election. >> the president is addressing hurricane sandy. let's take you to ohio. >> we...
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Oct 29, 2012
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we invest hundreds of millions in technology. if we can't beat them at what is a part-time game for them, shame on us. we're very, very confident about our prospects going forward. >> good to see you. glad you are safe in seattle away from sandy. thank you for joining us. congratulations on results. ceo of expedia. >> will sandy rock the vote? we're live in d.c. with the storm's potential impact on decision 2012. "squawk on the street" is back after this. i'm freaking out man. why? i thought jill was your soul mate. no, no it's her dad. the general's your soul mate? dude what? no, no, no. he's, he's on my back about providing for his little girl. hey don't worry. e-trade's got a killer investing dashboard. everything is on one page, your investments, quotes, research... it's like the buffet last night. whatever helps you understand man. i'm watching you. oh yeah? well i'm watching you, watching him. [ male announcer ] try the e-trade 360 investing dashboard. oh, hey alex. just picking up some, brochures, posters copies of my acce
we invest hundreds of millions in technology. if we can't beat them at what is a part-time game for them, shame on us. we're very, very confident about our prospects going forward. >> good to see you. glad you are safe in seattle away from sandy. thank you for joining us. congratulations on results. ceo of expedia. >> will sandy rock the vote? we're live in d.c. with the storm's potential impact on decision 2012. "squawk on the street" is back after this. i'm freaking out...
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Oct 30, 2012
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no longer in the category of technologically impossible. >> yesterday you called sandy a gdp event in a good way, adding being acreative to the quarter of gdp. does that mean it's a good day tomorrow if we get the open as expected in. >> historically people have said no. initially tomorrow it's like, well, wait a second. this is a disruption. numbers have to come down. interviewed the kroger ceo earlier, a really smart guy. he was saying, hey, you know, what we're okay meaning you don't have to take down numbers, but then you listen to danny meyer of the new republic, he'd have to take down numbers, but then later on when the checks start coming, when the federal government starts paying up, we're going to hear from former fema straighter, and then you see this, wow, immediate infusion, check comes, home depot, check comes, warehouser lumber, check comes, electricians, and those are some big checks, and it does matter. >> ah, here's some corporate news even as we speak. ibm authorizing a $5 billion stock buyback. >> my charitable stock owns it and that stock ever since they reported h
no longer in the category of technologically impossible. >> yesterday you called sandy a gdp event in a good way, adding being acreative to the quarter of gdp. does that mean it's a good day tomorrow if we get the open as expected in. >> historically people have said no. initially tomorrow it's like, well, wait a second. this is a disruption. numbers have to come down. interviewed the kroger ceo earlier, a really smart guy. he was saying, hey, you know, what we're okay meaning you...